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26 October 2011

EPC calls on European lawmakers to align forthcoming SEPA regulation with bank customer requirements


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The European Payments Council (EPC) has created this web page to provide journalists with an easy reference point to view relevant documents and source content that will assist in understanding the latest issues.


EPC Webcast: EPC Media Briefing 25 October 2011

Webinar was focus on the legislative process aimed at establishing mandatory deadlines for migration to the Single Euro Payments Area (SEPA). The EPC also provided updates on its work in progress in relation to the SEPA Scheme Rulebooks, ATM cash cassette standardisation and facilitating mobile contactless payments throughout SEPA.

EPC Press Release 26 October 2011

The EPC calls on European Union (EU) lawmakers to align the imminent 'Regulation Establishing Technical Requirements for Credit Transfers and Direct Debits in Euro' (commonly referenced as the 'SEPA Regulation'), with the preferences of European payment service users. The EPC makes a specific request for a review of provisions within the legislative proposal addressing direct debit transactions. The EPC also continues to urge the EU legislator to adopt the SEPA Regulation as soon as possible in order to provide planning security for all market participants.

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